president obama is defending hills new budget as one of tough choices. he held a news conference that lasted more than an hour addressing two crises, the federal government and the middle east. >> kristen, president obama is visiting the bay area this thursday to meet with leaders in the tech industry and hoping to get their support for his just released 2012 budget. with the nation' deficit going up, president obama says his new proposed budget will keep going down. >> we've taken a scalp to the budget rather than a machete. >> he will save the country $400 billion over the next decade. also cutting healthcare costs while at the same time making sure every american can afford its. the president says that's the point of his affordable act. >> the deficits are going to be $50 budget lower. >> they call it dead on arrival. the president has presented us with a budget that spends too much, borrows too much and taxes too much and that costs jobs and opportunities. >> a nation more than $14 trillion in the red. how much is that? if you stacked $14 trillion bi